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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

RM10.2bln DUO venture set to boost Bugis district

Posted on 29 October 2013

The RM10.2 billion DUO project, to be developed by Malaysia’s and Singapore’s sovereign wealth funds, Khazanah Nasional Bhd and Temasek Holdings Pte Ltd is set to boost the Bugis district in Singapore.
The project, which is currently being undertaken by M+S Pte Ltd, a 60-40 joint venture between Khazanah and Temasek, is situated strategically along the Beach Road-Ophir Rochor corridor and is the centrepiece of the Urban Redevelopment Authority’s (URA) initiative to rejuvenate the area………………………………………..Full Article: Source


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